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Russian oil flows to Belarus on schedule

Economy 10.10.2017 | 13:55
Vladimir Semashko during the opening ceremony
Vladimir Semashko during the opening ceremony

MINSK, 10 October (BelTA) – Russian oil is being delivered to Belarus in line with the schedule. Deputy Prime Minister of Belarus Vladimir Semashko made the statement during the Belarusian Energy and Ecology Forum on 10 October, BelTA has learned.

“Oil deliveries are on schedule. As for the 18 million tonnes we are supposed to get this year, the deliveries are absolutely on schedule,” noted Vladimir Semashko.

Upon Belarus' request 4.5 million tonnes of Russian oil will be delivered to Belarusian oil refineries in Q4 2017.

Belarus may pay in Russian rubles for natural gas in futureBelarus may pay in Russian rubles for natural gas in future
“Currency is one of the things we are discussing. The Russian ruble is an option we are considering. It is profitable to pay in Russian rubles today. By the end of the year we and [Deputy Prime Minister of Russia Arkady] Dvorkovich should sign the document to take care of the matter,” specified Vladimir Semashko.
Belarus, Russia to discuss natural gas pricing formula for after 2020 by 15 NovemberBelarus, Russia to discuss natural gas pricing formula for after 2020 by 15 November
Vladimir Semashko said: “We intend to hold another meeting by 15 November, during which the Russian side will suggest a formula for pricing natural gas to us. We are getting closer. We should reach a mutually acceptable formula. There are minor routine issues we still have to address.”
No ultimatums force Belarusian oil transit to Russian sea ports
“I don't think of it as an ultimatum. There is an absolute understanding that our oil refineries are not that rich and do not boast extremely high profit margins for us to give away gifts and pay extra for railway transportation, transshipment and other services,” said Vladimir Semashko.

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